Business Briefs for June 2, 2008

by Arkansas Business Staff  on Monday, Jun. 2, 2008 12:00 am  

Home BancShares Inc. of Conway has approved the combining of the Bank of Mountain View into Community Bank. This decision is based in part on the banking company's efforts to improve efficiency and the results of a study conducted for Home BancShares by the Metavante Corp. Regulatory approval is being sought, and the bank expects the consolidation will be completed in the next six months.

The Heritage Co. of Sherwood, is celebrating its 50th anniversary on June 7. The company that began in the home of Lee Keenihan, a single mom in Sherwood, in 1958, was a pioneer in the direct marketing industry. Heritage is now one of the largest telemarketing firms in the nation, employing more than 1,500 people in Jonesboro, Searcy, Beebe, Conway, Russellville and Benton, as well as Sherwood, to conduct fundraising campaigns for more than 180 charity partners across the country.

 Wal-Mart Stores Inc. will feature a Webcast of its annual shareholders' meeting on June 6 along with its same-day question-and-answer session with analysts and investors. The live Webcast will be available at The meeting will begin at 7 a.m. and will conclude at about 11:30 a.m. The briefings for analysts and investors, and the question-and-answer session, will begin at 1:30 p.m. and will conclude at about 3:30 p.m.

The Baptist Health Medical Center-North Little Rock Auxiliary will host its 14th annual Team Scramble Golf Tournament on June 6 at the Championship Golf Course at Burns Park in North Little Rock. Registration fees are $260 per three- or four-person teams or $65 per person. The deadline to register is June 1. For more information and to register online, visit, click on "North Little Rock" at the top of the page, and then click on the golf tournament information.

Nominations are being sought for the Arkansas Business Hall of Fame. The deadline for the nominations is July 1. The Sam M. Walton College of Business at the University of Arkansas established the Business Hall of Fame in 1999 to recognize Arkansans who have been successful business leaders. Nominees can be living or deceased. Living inductees must be at least 60 years old. Nominees can be Arkansans by birth or by choice. The 2009 Arkansas Business Hall of Fame Celebration will be held on Feb. 6, 2009, at the Statehouse Convention Center in Little Rock.  For a nomination form and more information, call (479) 575-6146 or e-mail or visit

Barbara Cansler, store manager of JCPenney at Conway Towne Center, has been given the Chairman's Award, the company's highest honor for performance excellence. Only the top 15 percent of the top-performing stores and districts can qualify to become Chairman's Award winners.

J.B. Hunt Transport Services Inc. has been recognized by the Arkansas Trucking Association as the 2007 Corporate Fleet Safety Grand Champion. Last year, J.B. Hunt drove 33 million miles in Arkansas and had only nine reportable accidents, all of which were minor with no serious injuries.

The Blue & You Foundation for a Healthier Arkansas is accepting applications for grants ranging from $5,000 to $150,000 to fund health improvement programs in the state. The foundation awards about $1 million in grants annually to nonprofit or governmental organizations and programs that improve the health of Arkansans. The deadline to apply for the health improvement grants is July 15. For more information, visit

Five new stores have opened or will soon in McCain Mall in North Little Rock, which has more than 80 stores. They are Aéropostale, Justice just for girls!, Kay Jewelers, Whitehall Jewelers and First Wok. AÉropostale, which targets 14- to 17-year-old girls and boys, is scheduled to open in mid-June. Justice just for girls! will open in July. Kay Jewelers plans to open this summer, while Whitehall Jewelers is now open. First Wok, offering traditional Asian cuisine, opened May 1.

Kelyniam Global Inc., a Little Rock engineering consulting firm, has completed its purchase of M2-Systems LLC of New Britain, Conn., according to a filing with the Securities & Exchange Commission. James Ketner, president and CEO, said the deal adds a complete engineering, product development, rapid prototyping and manufacturing facility.                           




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